Tex. Water Code Section 30.064
Funds Set Aside from Bond Proceeds


The district may set aside out of the proceeds from the sale of bonds:

(1)

interest to accrue on the bonds and administrative expenses to the estimated date when the disposal system will become revenue producing; and

(2)

reserve funds created by the resolution authorizing the bonds.
Amended by Acts 1977, 65th Leg., p. 2207, ch. 870, Sec. 1, eff. Sept. 1, 1977.

Source: Section 30.064 — Funds Set Aside from Bond Proceeds, https://statutes.­capitol.­texas.­gov/Docs/WA/htm/WA.­30.­htm#30.­064 (accessed May 26, 2025).

Verified:
May 26, 2025

§ 30.064. Funds Set Aside from Bond Proceeds's source at texas​.gov